President Donald Trump said during a Cabinet meeting on Thursday that he wants to "drive housing prices up." "Existing housing, people who own their homes, we're going to keep them wealthy. We're going to keep those prices up," Trump said. Trump made his comments following Housing and Urban Development Secretary Scott Turner's update that home sales in December "rose sharply to their strongest pace in three years." According to the National Association of Realtors, home sales in December rose to
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